Law360 (July 14, 2021, 7:54 PM EDT) — Stu Alderoty would not mince phrases when he describes the “large disservice” he says the U.S. Securities and Change Fee has accomplished to the cryptocurrency and digital asset business in the USA.
That is a becoming perspective from the final counsel for Ripple Labs Inc., the San Francisco-based blockchain agency that was hit with a head-turning enforcement motion from the highest U.S. securities regulator only a day earlier than the company’s then-chairman, Jay Clayton, resigned on the finish of 2020.
Ripple operates a world community for funds that runs on blockchain know-how, and presents monetary establishments the flexibility to immediately settle…
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